Skyrocketing prices don’t have to bring only pain. Investors can also find some relief with investments that can benefit from oil’s recent — and likely future — increases. Here are some ETFs and mutual funds worth considering…
The delivery of a Chinese-built, Spanish-backed offshore oil rig to Cuban waters has been delayed until summer. But when drilling does begin 90 miles off the Florida coast, it could mean a host of problems — and opportunities …
You probably have heard that the U.S. is the world’s largest consumer of oil. But did you know that we’re also the third-largest producer of oil? And yes, the U.S. imports more than half its oil. But our two biggest suppliers a…
As crude prices keep inching upward, the threat to both the U.S. and global economy is clear. While OPEC says don’t blame us, the Interational Energy Agencys says: “This is a wake-up call to the oil-consuming countries and to t…
Marathon Oil, the fifth-largest oil refiner in the U.S., is spinning off its refining business into a new company called Marathon Petroleum. Marathon Oil, meanwhile, will reduce its debt as a result of the move and will focus o…